Group 1 - U.S. stock futures showed mixed results, with Dow futures up approximately 0.1% [1] - Tesla, Inc. shares fell sharply by 6.4% to $295.32 in pre-market trading due to CEO Elon Musk's political re-entry and the impact of the "Big, Beautiful Bill" [1][2] - The "Big, Beautiful Bill" has eliminated the $7500 EV credit and rendered Zero Emission Vehicle credits obsolete, significantly affecting Tesla's revenue [1] Group 2 - Bitmine Immersion Technologies, Inc. shares dropped 19.3% to $110.00 in pre-market trading after a previous surge of over 130% following a $250 million private placement announcement [4] - Quantum-Si incorporated saw a decline of 10.3% to $1.92 after announcing a $50 million registered direct offering of common stock [4] - Other companies like Webull Corporation, Scage Future, SK Telecom, Aebi Schmidt Holding AG, and GDS Holdings Limited also experienced declines in pre-market trading, with percentage drops ranging from 5.8% to 9.5% [4]

Mission critical? The catalyst for the formation of the America Party was the "Big Beautiful Bill," which was the final straw in the relationship between Musk and the GOP. The Tesla (TSLA) CEO spent nearly $300M to help Trump get into office, but that backfired when the bill went against his role at DOGE. More importantly, it erased the hefty EV tax credits that have been a major driver of profits for the carmaker (worth $2.8B in 2024) as it faces steep competition and slowing sales. Like many other compani ...

Group 1: Tesla's Current Challenges - Tesla's sales have dropped significantly, with a 13.5% year-over-year decline in Q2, following a similar decline in Q1, and profits decreased by 70% in Q1 [2] - The company is facing challenges due to Elon Musk's political involvement and the loss of regulatory support previously enjoyed during the Trump Administration [2] - Increased competition from Chinese electric vehicles is making Tesla's offerings less appealing in global markets [2] Group 2: Competitive Landscape - Waymo's robotaxi service is conducting over 1 million fully autonomous, paid rides each month, significantly surpassing Tesla's robotaxi efforts [3] - Despite Tesla's shortcomings, it remains valued at nearly $1 trillion, more than the combined market capitalizations of the next 10 automakers, raising questions about the basis for this valuation [3] Group 3: Valuation Insights - Tesla's estimated earnings for FY'26 are around $2.90 per share, and applying a generous valuation multiple of 30x would suggest a stock price of under $100, indicating a market cap of roughly $300 billion based solely on automotive earnings [4] - The discrepancy in valuation suggests that investors believe Tesla is ahead in autonomous driving, robotics, and broader AI applications [4] Group 4: Full Self-Driving and Robotics Potential - Tesla's vehicles come with Full Self Driving (FSD) hardware pre-installed, starting at under $50,000, providing a significant cost advantage over competitors like Waymo [5] - The potential for a dedicated robotaxi priced below $30,000 and the estimated $750 billion market for autonomous ride-hailing could enhance Tesla's distribution edge [5] Group 5: Future Initiatives - The Optimus robot initiative aims to produce millions of robots annually by 2030, targeting a price of $20,000 or less, which could become a major product category for Tesla [6] - Tesla's advanced manufacturing capabilities and high levels of automation position it well to achieve ambitious projects in robotics and AI [6] Group 6: Leadership Impact - Elon Musk's renewed focus on Tesla is expected to aid the company in pursuing long-term objectives more vigorously, instilling confidence in investors regarding the company's future [7]

Core Viewpoint - Tesla shares are experiencing significant pressure following a downgrade by William Blair, with the stock price dropping below $300 in pre-market trading, indicating investor concerns about demand and profitability due to recent policy changes [1][4]. Group 1: Stock Performance - Tesla shares closed at $315.35 but fell 6.5% in pre-market trading, reaching around $294 [1]. - The downgrade has led to a sharp decline in stock price, reflecting market reactions to the news [4]. Group 2: Analyst Downgrade - William Blair downgraded Tesla's rating from 'Outperform' to 'Market Perform' due to anticipated demand issues following the removal of the $7,500 U.S. EV tax credit and the elimination of corporate average fuel economy (CAFE) fines [4][6]. - Analyst Jed Dorsheimer highlighted that the loss of the EV tax credit could negatively impact demand, but the more pressing concern is the potential loss of over $2 billion in profit from regulatory credits, which would directly affect Tesla's profitability [5][6]. Group 3: Investor Sentiment - Investor sentiment is further strained by CEO Elon Musk's political ambitions, which have raised concerns about his focus on Tesla during a critical period for the company [7][8]. - Dan Ives, a long-time Tesla analyst, noted that investors are feeling a "sense of exhaustion" regarding Musk's political involvement, which contrasts with their expectations for his focus on the company [8][9].

Group 1 - Tesla shares are experiencing a significant decline, with a drop of over 7% in pre-market trading, potentially reducing the company's value by approximately $70 billion [1] - If the shares fall as projected, Elon Musk's personal wealth could decrease by more than $9 billion, bringing his net worth to about $120 billion, while Tesla's market valuation is just under $1 trillion [2] - The decline in Tesla's stock is attributed to Musk's political activities and his relationship with Donald Trump, which has created consumer backlash and investor concerns about Musk's focus on the company [3][4] Group 2 - Analysts express alarm over Musk's announcement of forming a new political party, suggesting it diverts attention from Tesla's business during a critical period [3][4] - Trump's criticism of Musk's political ambitions, labeling them as "ridiculous," adds to the negative sentiment surrounding Tesla's stock performance [5][6] - Musk's statement about the formation of the America party indicates a shift towards political engagement, which may further concern Tesla investors about his commitment to the company [6]

Core Viewpoint - Tesla's stock presents a buying opportunity as it remains approximately 34% below its previous high, appealing to long-term growth investors [1] Group 1: Robotaxi Market Potential - Ark Invest estimates the robotaxi market could reach around $4 trillion by 2030, with Tesla positioned as a leading beneficiary due to its cost-effective technology and scalability [3] - Other analysts project more conservative figures, with Fortune Business Insights estimating the market at nearly $119 billion by 2030 and Research and Markets forecasting a compound annual growth rate of 45.2%, reaching $124.9 billion by 2034 [4] Group 2: Humanoid Robotics Market Opportunity - Morgan Stanley projects the humanoid robotics market could exceed $5 trillion by 2050, with significant adoption expected in the 2030s [5] - Citigroup's analysts estimate the humanoid robotics market could be closer to $7 trillion by 2050, highlighting the potential for Tesla's Optimus robot to play a major role in home services [6] - Ark Invest is even more optimistic, suggesting the global humanoid robotics market could reach around $24 trillion, with Tesla expected to capture a significant share [6] Group 3: Tesla's Optimus Ambitions - CEO Elon Musk indicated that Optimus could generate over $10 trillion in revenue, although he acknowledged that this estimate may seem extreme [8] - Musk predicts production of 1 million Optimus units per year by 2030, with production costs potentially under $20,000, making it accessible for many families [9] - Tesla plans to utilize Optimus extensively within its operations, expecting thousands of units to be working in factories by the end of the year [10] Group 4: Challenges and Competition - Tesla faces challenges with its Optimus program, including unexpected leadership changes and production delays due to design modifications [11] - The competitive landscape is significant, with Morgan Stanley noting that China is leading in humanoid robot development [11] - The long-term market estimates for humanoid robotics extend 25 years into the future, necessitating a long-term investment perspective [12]

Core Viewpoint - Tesla shares experienced a decline of 7.13% in premarket trading following CEO Elon Musk's announcement of plans to establish a new political party called the "America Party" [1][2]. Group 1: Political Involvement - The "America Party" aims to focus on securing "just 2 or 3 Senate seats and 8 to 10 House districts," which Musk believes could influence contentious laws [2]. - Musk's political engagement has raised concerns among investors, particularly due to his previous role in the Department of Government Efficiency and collaboration with President Donald Trump, which some view as detrimental to Tesla's brand [2][3]. - Analysts express that Musk's deeper involvement in politics diverges from the interests of Tesla investors, especially during a critical period for the company [3]. Group 2: Investor Sentiment - There is a growing sense of exhaustion among Tesla investors regarding Musk's political pursuits, with some feeling that this direction is not aligned with their expectations for the company [4].

Tesla (TSLA 0.04%) gets most of the media attention when it comes to robotics, thanks to its humanoid robot prototype, Optimus, and Elon Musk's bold claims. In fact, last year Musk said that Optimus could eventually be worth more than everything else from Tesla combined. But while Tesla talks about the future of robotics, Amazon's (AMZN 1.62%) robots are already delivering the goods -- both literally and figuratively. In fact, Amazon is already the largest manufacturer and operator of mobile robotics in the ...

Group 1 - Elon Musk has formed a new political party called the "American Party" to challenge the existing Republican and Democratic parties, which he claims will restore freedom to the people [1][2] - U.S. President Donald Trump criticized Musk's decision, labeling it as "ridiculous" and suggesting that it would lead to confusion in the political landscape [3] - The relationship between Musk and Trump has soured due to disagreements over a spending bill, which has affected their previous collaboration [2] Group 2 - Musk's announcement of the American Party follows a significant fallout over spending policies, which included Musk's previous financial support for Trump's re-election campaign [2] - Trump expressed concerns about Musk's advocacy for an "Electric Vehicle Mandate," arguing that it would impose undue pressure on consumers to purchase electric vehicles [3] - The tax and spending cut bill signed by Trump on July 4 eliminated tax credits for electric vehicle buyers, indicating a shift in policy that may impact the electric vehicle market [3]

It was one in the morning when Trump was still watching the vote on the "Big, Beautiful" bill in the White House . This was to stop the "Big, Beautiful" bill. The Democratic leader Hakim spoke for 8 hours and 44 minutes in the House of Representatives until his voice was hoarse. "(I hope my Republican colleagues) can come to a conclusion" "That is, we serve the American people." After a fierce game, the bill was finally passed . Trump got what he wanted with "218 to 214 votes." "Motion passed", what exactly ...